Avis Budget (CAR)

Overall impact
D (37)

Commentary

Avis Budget is a below-average overall performer. With a 'D' rating of 37.0 for overall impact (bottom 25% of all companies), Avis Budget ranks 25th out of 35 industry peers, behind Willis Lease Finance, Europcar Mobility, FleetPartners Group and 21 others, and ahead of Rent-A-Center, H&E Equipment Services, Fortress Transportation and Infrastructure Investors and 7 others. On top material causes for Avis Budget's industry (Business Services), Avis Budget performs well in Equal Pay and Opportunity (95.2 score) and performs poorly in Racial Justice and Civil Rights (37.9 score), Fair Labor Practices (33.4), Reduced Inequality (19.7) and 8 other causes where it received a 'D' or 'F' score.
Impact
Cause CAR
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Company
Founded
2006
Employees
17,000
Sector
Industrials
Industry
Ground Transportation
Sub-industry
Passenger Ground Transportation
SASB industry
Car Rental & Leasing
Headquarters
Nj, United States
Share classes
CAR
Mission
Provide the leadership and support necessary to sustain long-term growth and customer satisfaction for our world-class brands.
Description
Avis Budget Group, Inc., together with its subsidiaries, provides car and truck rentals, car sharing, and ancillary products and services to businesses and consumers in the Americas, Europe, the Middle East and Africa, Asia, and Australasia. It operates the Avis brand, which offers vehicle rental and other mobility solutions to the premium commercial and leisure segments of the travel industry; and the Zipcar brand, a car sharing network. Additionally, it operates the Budget brand, a supplier of vehicle rental and other mobility solutions focused primarily on more value-conscious customers, comprising Budget car rental and Budget Truck, a local and one-way truck and cargo van rental business with a fleet of approximately 19,000 vehicles. These vehicles are rented through a network of dealer-operated and company-operated locations that serve the light commercial and consumer sectors in the continental United States. The company also operates various other car rental brands, such as Payless, Apex, Maggiore, Morini Rent, FranceCars, AmicoBlu, Turiscar, and ACL Hire and McNicoll Hire, as well as TurisPrime and RubyCa. In addition, it offers optional insurance products and coverages, such as supplemental liability, personal accident, personal effects protection, emergency sickness protection, automobile towing protection, and cargo insurance products. The company also provides fuel service options, roadside assistance services, electronic toll collection services, and access to satellite radio, mobile WiFi devices, GPS navigation, and child safety seat rentals. Moreover, Avis Budget Group offers automobile towing equipment and other moving accessories, such as hand trucks, furniture pads, and moving supplies. It also features Avis Budget Group Business Intelligence, an online portal complete with rental summary dashboards, visualizations, and detailed reports. The company was formerly known as Cendant Corporation and changed its name to Avis Budget Group, Inc. in September 2006. Avis Budget Group, Inc. was founded in 1946 and is based in Parsippany, New Jersey.
Material causes
Ethos considers the following causes material for Avis Budget, based on its industry sub-industry Passenger Ground Transportation. Learn more about material causes in our methodology overview.
Not available

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